$150 ▲ +50.0%
Lower than 89% of postcode areas.
- 2011: $100
- 2016: $110
- 2021: $150
Median weekly rent paid by households renting their home.
3494, VIC · Postcode
Housing & Dwellings in 3494, VIC
Where and how people live — the homes, how they are held, and what they cost.
Housing costs are much lower than most areas in postcode 3494, where the typical weekly rent is just $150. This creates a distinct affordability profile compared to the rest of the state. While rental numbers are high, the costs for both renters and mortgage holders remain far below national figures.
$150
▲ +50.0%
- $0–$21: 2 areas
- $21–$43: 7 areas
- $43–$64: 16 areas
- $64–$86: 26 areas
- $86–$107: 46 areas
- $107–$129: 61 areas
- $129–$150: 47 areas
- $150–$171: 171 areas
- $171–$193: 114 areas
- $193–$214: 200 areas
- $214–$236: 158 areas
- $236–$257: 184 areas
- $257–$279: 120 areas
- $279–$300: 112 areas
- $300–$321: 226 areas
- $321–$343: 117 areas
- $343–$364: 171 areas
- $364–$386: 161 areas
- $386–$407: 165 areas
- $407–$429: 127 areas
- $429–$450: 58 areas
- $450–$471: 102 areas
- $471–$493: 45 areas
- $493–$514: 38 areas
- $514–$536: 20 areas
- $536–$557: 26 areas
- $557–$579: 13 areas
- $579–$600: 74 areas
All postcode areas, 2021. The marker is 3494, VIC — lower than 89% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent of $150 and monthly mortgage payments of $1,114 are both far below the Victorian and national figures. These costs have risen slightly since 2011, with rents increasing by $50 and mortgage payments by $161.
$1,114 ▲ +16.9%
Lower than 76% of postcode areas.
- 2011: $953
- 2016: $1,053
- 2021: $1,114
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3494, VIC, Under $200 is the majority at 72%; $200–$349 is next at 28%.
Monthly mortgage distribution
View on map →In 3494, VIC, Under $1,000 is the majority at 53%; $1,000–$1,799 is next at 24%.
Owning & renting
How homes are owned or rented.
Rental households make up 34.5% of the area, which is well above the state and national rates. Meanwhile, 33.7% of homes are owned outright, a figure that has risen by 3.1 percentage points since 2011.
34.5% ▼ -7.9%
Higher than 80% of postcode areas.
- 2011: 37.5%
- 2016: 44.0%
- 2021: 34.5%
Share of occupied private dwellings that are rented.
33.7% ▲ +10.1%
Lower than 66% of postcode areas.
- 2011: 30.6%
- 2016: 27.4%
- 2021: 33.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →3494, VIC splits fairly evenly between Rented (36%) and Owned outright (35%), with Owned with a mortgage at 20%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are common at 79.0%, which is well above the Victorian average. However, the proportion of these detached homes has fallen by 8.1 percentage points since 2011, and 72.6% of homes have three or more bedrooms.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
79.0% ▼ -9.3%
Lower than 75% of postcode areas.
- 2011: 87.1%
- 2016: 87.6%
- 2021: 79.0%
Share of occupied private dwellings that are separate houses.
72.6% ▼ -2.0%
Lower than 70% of postcode areas.
- 2011: 74.1%
- 2016: 74.4%
- 2021: 72.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3494, VIC, Separate house is the majority at 81%; Other dwelling is next at 19%.
Bedrooms per home
View on map →In 3494, VIC, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (22%) and 1 bedroom (13%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3494, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3494, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3494/3494-vic/topic/housing-dwellings